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Global Trade Alert

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Germany, France, and Italy: State aid to Automotive Cells Company's new battery gigafactories

Description

On 12 February 2024, the Automotive Cells Company (ACC) disclosed that it had received state aid from three public financial institutions from France, Germany, and Italy for the construction of gigafa...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Feb 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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